Friday, August 26, 2016
Wisconsin Has $1.2 Million to Invest in Businesses Owned by Women and Minorities
Donations from the city of Madison and from corporations have enabled the Evergreen Fund to accumulate $1.2 million to support businesses in the state that are owned by women and minorities. Money from the fund will be used for grants, loans, and angel investments.
The fund's co-founder, Heather Wentler, explained that businesses owned by women and minorities need help with funding because they are often not taken seriously. This does not mean these businesses are any less qualified than those owned by mainstream entrepreneurs. It means these businesses often need a boost in order to level the playing field when it comes to asking for an investment.
Applications for grants will begin in the Fall.
Read more by visiting www.wpr.org/wisconsin-grant-looks-boost-businesses-run-women-and-minorities